close
View Me
$694 - $1,3941 to 2 Bedroom Apartments Available Now
Parkview Apartments
1223 E Eighth StTraverse City, MI 49686
Cheap Apartments for Rent near Beaver Island, MI from $694 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Beaver Island.
close
View Me
$796 - $1,1941 Bedroom Apartments Available Now
Oak Terrace
1240 Oak Terrace DrTraverse City, MI 49686
close
View Me
$800 - $1,0801 to 3 Bedroom Apartments Available Now
PARK MEADOW APARTMENTS
1316 Park Meadow DrGaylord, MI 49735
close
View Me
$8622 Bedroom Apartments Contact Us For Availability
Green Meadows Apartments
900 Northmeadow DrGaylord, MI 49735
close
View Me
$999 - $1,6971 to 3 Bedroom Apartments Available Oct 8
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
close
View Me
$1,095 - $1,990Studio to 3 Bedroom Apartments Available Dec 3
Pines45 Apartments
45 Fraser BlvdGaylord, MI 49735
close
View Me
$1,101 - $1,4211 to 3 Bedroom Apartments Contact Us For Availability
Hillside Club Apartments
501 Valley Ridge DrPetoskey, MI 49770
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
close
View Me
$1,160 - $1,8801 to 2 Bedroom Apartments Available Sep 12
Harbour Ridge Apartments
3686 Matador WTraverse City, MI 49684
close
View Me
$1,200 - $1,6801 to 2 Bedroom Apartments Available Now
The Annex
300 Court StSault Ste. Marie, MI 49783
close
View Me
$1,2003 Bedroom Apartments Available Now
Aspen Village
204 Aspen Commons DrGaylord, MI 49735
8266 Hiawatha Ave
ManistiqueMI49854
close
View Me
Studio to 2 Bedroom Apartments
Victories Square
1899 Migizi WayPetoskey, MI 49770
close
View Me
1 to 2 Bedroom Apartments
Annika Place
947 S Garfield AveTraverse City, MI 49686
close
View Me
1 to 3 Bedroom Apartments
Ruth Park
520 Wellington StTraverse City, MI 49686
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
close
View Me
1 to 3 Bedroom Apartments
Osborn Commons
215 Osborne BlvdSault Ste. Marie, MI 49783
close
View Me
1 to 3 Bedroom Apartments
Brookside Commons
4155 Sprucewood DrTraverse City, MI 49684
602 Saunders Rd SE
KalkaskaMI49646
close
View Me
2 to 3 Bedroom Apartments
Stargate Motel
4646 S Straits HwyIndian River, MI 49749
close
View Me
1 to 2 Bedroom Apartments
Huron Apartments
210 W EtheringtonMackinaw City, MI 49701
close
View Me
1 to 2 Bedroom Apartments
Mackinaw Apartments
1327 Mackinaw AveCheboygan, MI 49721
close
View Me
2 to 3 Bedroom Apartments
Lighthouse Village
400 Duncan AveCheboygan, MI 49721
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
402 S Ravine St
Sault Ste. MarieMI49783
close
View Me
1 to 2 Bedroom Apartments
Inland Lakes Motel
1225 S Grandview Beach RdIndian River, MI 49749
close
View Me
1 Bedroom Apartments
Cheboygan Shores
328 Duncan AveCheboygan, MI 49721
807 Young St
Sault Ste. MarieMI49783
close
View Me
Studio to 2 Bedroom Apartments
The Flats at Carriage Commons
1389 Carriage View LnTraverse City, MI 49686
1008 Tweed St
Sault Ste. MarieMI49783
close
View Me
1 to 4 Bedroom Apartments
Lighthouse Gardens Apartments
1001 May StCharlevoix, MI 49720
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
close
View Me
1 to 2 Bedroom Apartments
Garfield Oaks
3011 Garfield Rd NTraverse City, MI 49686
Showing Results 1-29, Page 1 of 1
Beaver Island, MI Local Guide
Beaver Island Ferry by Mike Maehr is licensed under CC BY 2.0
How much does it cost to rent an apartment in Beaver Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Beaver Island Studio Apartments | $1,415 | $1,095 | $1,600 |
| Beaver Island 1 Bedroom Apartments | $1,568 | $796 | $2,508 |
| Beaver Island 2 Bedroom Apartments | $1,935 | $818 | $3,348 |
| Beaver Island 3 Bedroom Apartments | $2,238 | $1,080 | $3,500 |
| Beaver Island 4 Bedroom Apartments | $3,049 | $2,775 | $3,205 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Beaver Island
See all Apartments in Beaver IslandExplore Beaver Island
Beaver Island, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Beaver Island Apartments for Rent and Nearby
The cheapest available apartment rental in Beaver Island, MI is a 1 Bed unit found at Annika Place in the Downtown Traverse City neighborhood priced from $463. Parkview Apartments in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $694. Here is today’s list of the most affordable Beaver Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Annika Place | 1 Bedroom 1 Bath | 1BR,1BA | $463 |
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $850 |
| Brookside Commons | 2 Bedroom B | 2BR,1BA | $887 |
| PARK MEADOW APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1,080 |
| Lighthouse Gardens Apartments | 1Br | 1BR,1BA | $1,146 |
| The Annex | Unit 5 | 1BR,1BA | $1,200 |
| Aspen Village | New Double-Wide | 3BR,1BA | $1,200 |
| The Block at Petoskey | Studio Workforce Housing Unit* | Studio,1BA | $1,217 |
Best Value Apartments for Rent in Beaver Island, MI and Nearby
As of September 05, 2026 the best value apartment in the Beaver Island area is the $1.63 price per square foot Ottawa Model at Liv East Bay in the starting from $3,395. The second greatest value Beaver Island apartment is the 3 Bedroom 2 Bathroom Model at PARK MEADOW APARTMENTS starting at $1,080 with a $0.89 price per square foot . Here is today’s list of the best values for Beaver Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liv East Bay | Ottawa | 5BR,2.5BA | $1.63 |
| PARK MEADOW APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.89 |
| Townhouse Lane | Townhouse Ln | 2BR,1.5BA | $1.29 |
| Osborn Commons | 2x1 | 2BR,1BA | $1.25 |
| Brookside Commons | 2 Bedroom A | 2BR,1BA | $1.37 |
| Pines45 Apartments | Alpine | 1BR,1BA | $1.73 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.11 |
| The Annex | Unit 3 | 1BR,1BA | $1.66 |
| Parkview Apartments | One bedroom | 1BR,1BA | $0.95 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Beaver Island area?
If you’re an expert on all things Beaver Island, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Beaver Island, MI Rentals by Map
See the most popular apartments and homes in Beaver Island, MI
Frequently Asked Questions about Cheap Beaver Island Apartments
How much is rent for a Cheap One Bedroom Beaver Island Apartment?
The lowest price for a Cheap One Bedroom Beaver Island Apartment is $463 at Annika Place.
What is the lowest price for a Cheap Two Bedroom Beaver Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Beaver Island is starting from $850 at Mackinaw Apartments.
What is the most affordable Beaver Island Three Bedroom Apartment?
The best deal on a cheap Beaver Island Three Bedroom Apartment rental is at PARK MEADOW APARTMENTS and starts from $1,080.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.